Tax benefit on 194 J income

Tax queries 163 views 4 replies

I am a government employee. I am getting regular salary from my DDO along with some amount as  professional fee TDS deducted under 194J. I want to know can I claim income tax benefit on amount on which TDS deducted under sec 194 J

Replies (4)

Yes, directly 50% under sec. 44ADA IT act.

Can this benefit be availed along with chapter IV deduction on regular salary 

Yes, You can avail the benefit of Deductions .
It will be automatically adjusted.


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